LATEST NEWS​

Tighter_regulations-min

The FATF calls for tighter regulations for providers of digital asset’s services

The Financial Action Task Force [FATF] is closely working on regulating and supervising providers of digital asset services, as reported by Bitcoinist. The FATF, an intergovernmental organization is oriented to develop policies against various malpractices such as money laundering, terrorism funding, etc. Moreover, the FATF has reportedly announced to be working on an Interpretive Note to Recommendation 15, defining the FATF standards that apply to various activities and operations involving digital assets.

Blockchain_bright_future-min

Cisco: 10 percent of the World GDP stored on-chain by 2027

As per the news, the U.S. based tech conglomerates, Cisco have recently revealed a report pointing out the company’s enterprise-based blockchain platform. As per the reports, Cisco discusses the Blockchain’s potential to hold as much as 10% of the world’s GDP, which would potentially result in several trillion dollars worth value stored on both decentralized and permissioned blockchains by 2027. Moreover, the publishing has predicted a bright future for the Blockchain and that the technology could result in becoming a norm for many industries within a couple of years.

Ambiguous-min

The Australian and New Zealand Banking Group Limited [ANZ] still ambiguous about Blockchain

The third-largest bank by market capitalization in Australia, ANZ has claimed the legacy financial institutions holds no threat from the trustless transactions introduced by Bitcoin [BTC], as reported by Bitcoinist. ANZ’s Associate Director of Trade and Supply-Chain, Maria Bellmas questioned the need for legacy financial institutions to adopt the Blockchain for improved offerings. She stated the Blockchain incorporation to be unnecessary, while the banks “are better off using existing good old databases and technology solutions.”

facecoin

Facebook going after the U.S. Dollar, Facecoin as replacement, says Ted Livingston

Popular industry forecaster and CEO of messaging platform Kik, Ted Livingston reportedly remarked Facebook’s usual claims of helping the world, as per Livingston’s Medium post. He stated, Zuckerberg isn’t simply creating a cryptocurrency, however, the networking giant is looking at replacing the U.S. dollar, with a vision to help people working in foreign territories, seeking to send their earnings back to their families in their respective native countries. Morgan Creek Digital Partner, Anthony Pompliano tweeted on the same, pointing out Livingston’s credibility on predicting social media-trends and his recent bold expression.

🔗CCN
blockchain_innovation-min-min

“Bitcoin can’t be optimized for every variable.” : ‘ShapeShift Exchange’ CEO, Erik Voorhees

On 22nd March, the CEO of ShapeShift, Erick Voorhees made a comment during a podcast named  “What Bitcoin Did”, remarking Bitcoin [BTC] as not the only Blockchain innovation. The early crypto adopter and also the former owner of crypto-gambling website added, BTC is not meant to be both innovative and conservative at the same time, rendering the flagship cryptocurrency crammed with every desirable attribute. Voorhees also stated his belief on other valuable use-cases of DLT and Blockchain projects.  

Mexico’s Central Bank puts forth regulations that could ban cryptocurrency exchanges

Mexico’s national bank has proposed new guidelines to a recent instituted fintech law that could unreservedly boycott digital currency trades in the nation on the off chance that they figure out how to push ahead. As indicated by non-benefit digital money research and promotion firm Coin Center, the nation’s national bank would see cryptographic money trades managing fiat monetary forms in the nation lose access to the nearby financial framework through the new law, while having the capacity to guarantee it isn’t restricting trades.

🔗Cryptoglobe

Researchers say, Bitcoin’s dominance in the crypto market is of over 80%

An investigation led John-Paul Thorbjornsen has discovered that while Bitcoin’s level of the total cryptocurrency ecosystem is somewhat above half, its strength over it is well over the 80% market. This is given just if in ‘strength’ we incorporate factors other than the market cap. Thorbjornsen revealed that the market cap is anything but a decent measurement to quantify its strength in the market. Different examiners in the space have strikingly brought up market cap can be effectively controlled, as it’s just a crypto’s market cost duplicated by its flowing supply.

🔗Cryptoglobe

Vietnam will launch its very own regulated cryptocurrency exchange

Vietnam’s biggest largest distribution organization, Linh Thanh Group, is clearly joining forces with Switzerland-based blockchain organization KRONN Ventures to build up the first completely approved cryptographic money trade in the Southeast Asian nation. This news comes after the Zug-based KRONN Ventures AG united monetary councils from Vietnam, Philippines, Cambodia, Bangladesh, and Sri Lanka to frame a consortium last year. The consortium was framed to develop a universal wiring framework controlled by blockchain innovation.

Tighter_regulations-min

The FATF calls for tighter regulations for providers of digital asset’s services

The Financial Action Task Force [FATF] is closely working on regulating and supervising providers of digital asset services, as reported by Bitcoinist. The FATF, an intergovernmental organization is oriented to develop policies against various malpractices such as money laundering, terrorism funding, etc. Moreover, the FATF has reportedly announced to be working on an Interpretive Note to Recommendation 15, defining the FATF standards that apply to various activities and operations involving digital assets.

Blockchain_bright_future-min

Cisco: 10 percent of the World GDP stored on-chain by 2027

As per the news, the U.S. based tech conglomerates, Cisco have recently revealed a report pointing out the company’s enterprise-based blockchain platform. As per the reports, Cisco discusses the Blockchain’s potential to hold as much as 10% of the world’s GDP, which would potentially result in several trillion dollars worth value stored on both decentralized and permissioned blockchains by 2027. Moreover, the publishing has predicted a bright future for the Blockchain and that the technology could result in becoming a norm for many industries within a couple of years.

Ambiguous-min

The Australian and New Zealand Banking Group Limited [ANZ] still ambiguous about Blockchain

The third-largest bank by market capitalization in Australia, ANZ has claimed the legacy financial institutions holds no threat from the trustless transactions introduced by Bitcoin [BTC], as reported by Bitcoinist. ANZ’s Associate Director of Trade and Supply-Chain, Maria Bellmas questioned the need for legacy financial institutions to adopt the Blockchain for improved offerings. She stated the Blockchain incorporation to be unnecessary, while the banks “are better off using existing good old databases and technology solutions.”

facecoin

Facebook going after the U.S. Dollar, Facecoin as replacement, says Ted Livingston

Popular industry forecaster and CEO of messaging platform Kik, Ted Livingston reportedly remarked Facebook’s usual claims of helping the world, as per Livingston’s Medium post. He stated, Zuckerberg isn’t simply creating a cryptocurrency, however, the networking giant is looking at replacing the U.S. dollar, with a vision to help people working in foreign territories, seeking to send their earnings back to their families in their respective native countries. Morgan Creek Digital Partner, Anthony Pompliano tweeted on the same, pointing out Livingston’s credibility on predicting social media-trends and his recent bold expression.

🔗CCN
blockchain_innovation-min-min

“Bitcoin can’t be optimized for every variable.” : ‘ShapeShift Exchange’ CEO, Erik Voorhees

On 22nd March, the CEO of ShapeShift, Erick Voorhees made a comment during a podcast named  “What Bitcoin Did”, remarking Bitcoin [BTC] as not the only Blockchain innovation. The early crypto adopter and also the former owner of crypto-gambling website added, BTC is not meant to be both innovative and conservative at the same time, rendering the flagship cryptocurrency crammed with every desirable attribute. Voorhees also stated his belief on other valuable use-cases of DLT and Blockchain projects.  

Mexico’s Central Bank puts forth regulations that could ban cryptocurrency exchanges

Mexico’s national bank has proposed new guidelines to a recent instituted fintech law that could unreservedly boycott digital currency trades in the nation on the off chance that they figure out how to push ahead. As indicated by non-benefit digital money research and promotion firm Coin Center, the nation’s national bank would see cryptographic money trades managing fiat monetary forms in the nation lose access to the nearby financial framework through the new law, while having the capacity to guarantee it isn’t restricting trades.

🔗Cryptoglobe

Researchers say, Bitcoin’s dominance in the crypto market is of over 80%

An investigation led John-Paul Thorbjornsen has discovered that while Bitcoin’s level of the total cryptocurrency ecosystem is somewhat above half, its strength over it is well over the 80% market. This is given just if in ‘strength’ we incorporate factors other than the market cap. Thorbjornsen revealed that the market cap is anything but a decent measurement to quantify its strength in the market. Different examiners in the space have strikingly brought up market cap can be effectively controlled, as it’s just a crypto’s market cost duplicated by its flowing supply.

🔗Cryptoglobe

Vietnam will launch its very own regulated cryptocurrency exchange

Vietnam’s biggest largest distribution organization, Linh Thanh Group, is clearly joining forces with Switzerland-based blockchain organization KRONN Ventures to build up the first completely approved cryptographic money trade in the Southeast Asian nation. This news comes after the Zug-based KRONN Ventures AG united monetary councils from Vietnam, Philippines, Cambodia, Bangladesh, and Sri Lanka to frame a consortium last year. The consortium was framed to develop a universal wiring framework controlled by blockchain innovation.

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